China's import of yellow metal from Hong Kong increased

China's import of gold from Hong Kong reached 85.7 tons in October compared to 57 tons in the preceding month, reported Hong Kong Census and Statistics Department. Hong Kong remains the largest source of gold for China's mainland. China's gold demand is expected to stay strong fueled by constantly growing gold prices. The average import of gold is likely to grow by 10% next year, reported the World Gold Council.